Keikyu Daishi Line Kanagawa 2017-FY
Home market report

Keikyu Daishi Line railway market report

Keikyu Daishi Line Home market overview

The average price of a sq.m Home of Keikyu Daishi Line (Keikyuukawasaki to Kojimashinndenn), in Jul, 2017 to Sep, 2017 was 299,770 JPY/sq.m. The market value represents a decrease of 296,900 JPY (-49.8%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 16 (-84.2%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 27.5 years old (a +339.9% increase compared to the 6.3 years old of last year.). The average size of the real estate was 233.3 sq.m (a +46.8% increase compared to the 158.9 sq.m of last year.). The average total floor space of the real estate was 356.7 sq.m (a +182.2% increase compared to the 126.4 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large total floor space more than 200 sq.m.

0 stations have experienced increased prices; 3 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -31.2% (-267,424 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -85.1% (-357,597 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 8.9 min in 2016 and 7.3 min in 2017; -18.0%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 6.3 years old in 2016 and 27.5 years old in 2017; +339.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 16.7% of total transactions in 2016 and 33.3% of total transactions in 2017)

Breakdown of each segment

The table below shows Home dealt in Keikyu Daishi Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Home stations market overview

The average price of a sq.m Home of Kojimashinndenn, the highest market value along this railway was 590,909 JPY/sq.m. The market value represents a decrease of 267,424 JPY (-31.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Kawasakidaishi, the lowest market value along this railway was 62,500 JPY/sq.m. The market value represents a decrease of 357,597 JPY (-85.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 10 (-90.9%) compared to 1 year ago and a transition to a dramatic market.).

Keikyu Daishi Line (Stations Home market overview)
Keikyu Daishi LineThis year(2017)1 year ago2 years ago
Keikyuukawasaki--3,332,868 JPY (42.5Y/1062.5sq.m)
Minatochou---
Suzukichou-666,666 JPY (0.5Y/150.0sq.m)294,736 JPY (20.0Y/80.0sq.m)
Kawasakidaishi62,500 JPY (42.5Y/90.0sq.m)420,097 JPY (4.5Y/105.5sq.m)315,137 JPY (10.0Y/81.9sq.m)
Higashimonnzenn-891,544 JPY (13.3Y/352.5sq.m)390,648 JPY (12.3Y/76.7sq.m)
Sanngyoudouro245,901 JPY (39.5Y/370.0sq.m)656,000 JPY (0.5Y/105.0sq.m)235,909 JPY (23.5Y/57.5sq.m)
Kojimashinndenn590,909 JPY (0.5Y/240.0sq.m)858,333 JPY (10.1Y/225.0sq.m)451,294 JPY (10.3Y/267.5sq.m)

*Average unit prices per sq.m of Home at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

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Noteworthy stations

Kojimashinndenn590,909 JPY/sq.m (-31% compared with the previous year)

The average price of a sq.m Home of Kojimashinndenn was 590,909 JPY/sq.m. The market value represents a decrease of 267,424 JPY (-31.2%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.5 years old (a -95.0% decrease compared to the 10.1 years old of last year.). The average size of the real estate was 240.0 sq.m (a +6.7% increase compared to the 225.0 sq.m of last year.). The average total floor space of the real estate was 220.0 sq.m (a +166.7% increase compared to the 82.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 10.1 years old in 2016 and 0.5 years old in 2017; -95.0%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Kawasakidaishi62,500 JPY/sq.m (-85% compared with the previous year)

The average price of a sq.m Home of Kawasakidaishi was 62,500 JPY/sq.m. The market value represents a decrease of 357,597 JPY (-85.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 10 (-90.9%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 42.5 years old (a +854.7% increase compared to the 4.5 years old of last year.). The average size of the real estate was 90.0 sq.m (a -14.7% decrease compared to the 105.5 sq.m of last year.). The average total floor space of the real estate was 240.0 sq.m (a +70.2% increase compared to the 141.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.3 min in 2016 and 6.0 min in 2017; -35.3%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 4.5 years old in 2016 and 42.5 years old in 2017; +854.7%)

Breakdown of each segment

Station:   Segment:

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Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)